2019
DOI: 10.1080/00343404.2018.1551615
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The influence of the local context on the implementation and impact of EU Cohesion Policy

Abstract: This paper analyzes the impact of the European Union's Cohesion Policy on firm growth in the programming period 2007-13 in seven European countries. Results show that Cohesion Policy support promotes firm growth in size (value added and employment) more than in productivity. However, even when the policy is the same and similar projects and beneficiaries are considered, its effectiveness varies across different territorial contexts, among but also within countries. In several cases, the impact of grants on fir… Show more

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Cited by 75 publications
(43 citation statements)
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“…A forceful pursuit of societies within those countries to adopt democratic standards along with the economic system which functioned in Western Europe became a basis for those political and economic changes [11]. Right now, some of the CEE countries which have joined the EU can boast of having implemented a democratic structure and stable, market-based economic growth [12,13]. This is in part due to the substantial support they had received, first during the pre-accession period through pre-accession programs of the EU as well as later with the help obtained as part of the EU Cohesion Policy, after forming a part of the Community [14].…”
Section: Introductionmentioning
confidence: 99%
“…A forceful pursuit of societies within those countries to adopt democratic standards along with the economic system which functioned in Western Europe became a basis for those political and economic changes [11]. Right now, some of the CEE countries which have joined the EU can boast of having implemented a democratic structure and stable, market-based economic growth [12,13]. This is in part due to the substantial support they had received, first during the pre-accession period through pre-accession programs of the EU as well as later with the help obtained as part of the EU Cohesion Policy, after forming a part of the Community [14].…”
Section: Introductionmentioning
confidence: 99%
“…We think that this could entail interesting policy implications as Locatelli et al (2017) show for public procurement processes that funding larger projects prepares the ground for more corruption than it would be the case when more and smaller projects are tendered. Other analyses show that firm subsidies are not equally effective when granted to firms of different size (Criscuolo et al 2012) and to firms located in different regions (Bachtrögler et al 2018).…”
Section: Focus On the Single Beneficiarymentioning
confidence: 98%
“…The way in which support to firms interacts with territorial capital has been further investigated in Bachtrögler et al (2019), thanks to collaboration with the Vienna University of Economics and Business and the WIFO. In this case, the analysis was developed thanks to a database of firms put together by our partner for many European countries for the Programming Period 2007-13.…”
Section: Territorial Capital and The Effectiveness Of Cohesion Policymentioning
confidence: 99%